《大行報告》高盛料聯想集團(00992.HK)上季收入按年跌15% 美國限制晶片出口最壞情況令2024-26財年盈利減少3-5%
高盛發表報告指,聯想集團(00992.HK)將於11月中公佈截至9月底止季度業績,相信市場關注重點是個人電腦及伺服器的人工智能(AI)進展、貿易緊張及晶片出口限制的影響、以及個人電腦需求前景。
該行估計聯想集團上財季收入145億美元,按年跌15%,按季升12%,主要受惠全球個人電腦付運量復甦,伺服器產品規格提升及市場份額增長,以及AI伺服器開始付運。相比智能手機,該行對明年個人電腦及伺服器前景較爲樂觀,主要受新產品週期推動,而聯想作爲全球行業龍頭,將會受惠復甦趨勢。
美國擴大AI晶片對華出口限制,該行認爲在最熊情境下,假設中國的基礎設施方案業務(ISG)沒有收入,對於聯想2024至2026財政年度盈利,有3至5%負面影響,不過公司客戶基礎多元化,可以幫助控制負面影響,目標價維持10.29元,評級「買入」。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.